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New Brunswick Forestry Deal Disputed
Read more: New Brunswick Forestry Deal DisputedNew Brunswick Premier David Alward said Tuesday a controversial forestry agreement with J.D. Irving should be finalized before the provincial election campaign begins next week, according to CBC. The government signed an initial deal with the company earlier in the year and a final agreement was expected to be in place by July 1. The…
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Kenora Forest Products to Reopen Sawmill
Read more: Kenora Forest Products to Reopen SawmillUnifor has reached a long-term contract with Kenora Forests Products in Kenora, ON, to re-start sawmill operations there by the beginning of 2015, according to the labour union’s press release Thursday. The new deal also will facilitate millions of dollars in capital investment for modernizing the mill and installing an additional saw line for expanded…
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Terrace Log Storage Yard Cleared Out
Read more: Terrace Log Storage Yard Cleared OutA Chinese-owned forest company has now moved all of its logs from a city-of-Terrace-owned property and has cleared the site in northern BC, according to the Terrace Standard Tuesday. YaoRun Wood Company began leasing the approximately 20 acres from the city in early 2013 for $10,000 a month, storing logs there until they could be…
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China Earthquake Rebuilding
Read more: China Earthquake RebuildingAn earthquake in China Sunday, of 6.1-magnitude, in a mountainous farming region of Yunnan province has killed 615 people as of Thursday with another 114 missing. This follows the devastating 2008 earthquake in Sichuan province, of 7.8-magnitude, when more than 69,000 people died and more than 18,000 remain missing. Almost 5 million people were made…
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BC State of the Forest 2013
Read more: BC State of the Forest 2013BC’s forest sector manufacturing sales increased in 2013, with many product prices increasing substantially compared to 2012, according to the BC Ministry of Forests, Lands and Natural Resource Operations “State of the Forests” report released this week. The US economy continued to gradually improve, as seen in the employment status and housing market, and this…
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Weyerhaeuser, Conifex Report
Read more: Weyerhaeuser, Conifex ReportBolstered by strong wood product and timber sales, Weyerhaeuser Company, out of Federal Way, WA, August 1 reported 2Q 2014 earnings of US$280 million from operations of US$2 billion. Net earnings were US$234 million, or 40 cents per diluted share. This compares with net earnings of US$183 million, or 33 cents per diluted share, for…
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Interfor Selected for US Biomass Fuel Program
Read more: Interfor Selected for US Biomass Fuel ProgramInterfor, based in Vancouver, BC, said one of its Oregon sawmills has been selected to participate in a federal program in the United States encouraging the production of biomass, according to Clean Tech Canada Thursday. Interfor’s sawmill in Gilchrist, OR, southeast of Portland, was chosen by the head of the US Department of Agriculture to…
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EACOM Reopens
Read more: EACOM ReopensA northwestern Ontario sawmill officially re-opened Tuesday after being shuttered for more than five years, said CBC. The Eacom Timber Corporation has spent the last several months retrofitting the mill in Ear Falls, ON. By the middle of the month, more than 50 people will be working on the first shift, general manager Harrison Wicks…
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Sherwood Celebrates . . .
Read more: Sherwood Celebrates . . .“After 60 years of business, Sherwood Lumber is stronger than ever thanks in no small part to our incredible customers and dedicated staff. Starting Wednesday, we are commemorating this milestone with celebrations throughout all our offices and product offers for each region. Join in the celebration!”
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BC Pulp Mills
Read more: BC Pulp MillsIn the same week that Canfor Pulp Products announced 2Q financial results, the BC Ministry of Energy and Mines announced a new Power Smart program that will reduce electricity costs for pulp and paper producers. Canfor Pulp’s net income, reported on Wednesday, was $18.8 million, or $0.27 per share, for 2Q 2014, compared to $25.7…
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Western US Timberland Owners Close Lands
Read more: Western US Timberland Owners Close LandsHancock Forest Management, Weyerhaeuser Columbia Timberlands, Stevenson Land Company, Broughton Lumber Company, Kreps Ranch, Kreps Family, Western Pacific Timber, and American Forest Management are closing their lands to public entry effective July 26 until further notice, said the Golden Sentinel Wednesday. The closure is taking place due to extreme fire danger. The closure is for…
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US Home Sales
Read more: US Home SalesNew-home sales in the US fell in June and May’s reading was revised significantly lower, the Commerce Department said Thursday. Sales of new single-family homes fell 8.1 per cent from May to a seasonally adjusted annual rate of 406,000, Meanwhile, May sales were revised down to a rate of 442,000 from a previously estimated 504,000.…
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Softwood Lumber Imports, UK
Read more: Softwood Lumber Imports, UKUnited Kingdom lumber consumption in 2013 totalled 8.4 million, with 90 per cent of that softwoods. Import volumes have increased by 4.3 per cent in 2013, and will increase even stronger in 2014. The UK consumes nearly 5 million cubic metres of wood per year, 57 per cent of that imported. All this favourable economic…
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Sawmill Fire
Read more: Sawmill FireFire destroyed a sawmill in Marysville, ID, on Thursday night. The fire was burning in stacks of firewood and timber at Fisher Logging near Ashton. Firefighters were able to protect other buildings. Damage was estimated at US$250,000. The sawmill had not operated for past six months, but there were 10-foot-high piles of sawdust on the…
